VTB: Borrowers have started to buy ready-made private houses more often than to build.

      July 14, 2026 13:56 Economy According to the results of the first half of the year, Russians received about 2,300 mortgage loans for ready-made private houses from VTB—five times more than for the construction of houses "from scratch." The share of ready-made properties in transactions with suburban real estate reached 83%, increasing by 10 percentage points year-on-year. Almost every second borrower (46%) purchased a house on the secondary market—last year, this figure was only 15%. Demand for mortgages in the suburban market steadily grew throughout the first half of the year. The peak occurred in March: the number of transactions increased by almost 40% compared to the previous month. The leaders in client activity remain Moscow and St. Petersburg with their regions, as well as Tatarstan: these regions accounted for 25% of all VTB transactions in the suburban market from January to June. The structure of demand is actively changing. According to the results of the first half of the year, ready-made properties accounted for 83% of transactions in the suburban real estate market at VTB. For comparison: in the first half of 2024, their share was 69%, and in the first half of 2025, it was about 73%. The main growth came from the secondary market, where the share of transactions increased from 15% to 46% year-on-year. The average loan for a ready-made house from January to June amounted to 4.7 million rubles. "The mortgage market for suburban real estate is recovering 1.5 times faster than that of apartment buildings—largely due to the reduction in rates, which has brought back long-waiting clients. Now they are active even outside the traditional season, and their demand is increasingly shifting towards programs without state support. In June, the number of applications for market mortgages from VTB in the private house segment doubled compared to January. At the same time, borrowers are increasingly choosing ready-made houses—with clear pricing and the possibility of immediate occupancy," commented Alexey Okhorzin, Senior Vice President and Director of the Retail Business Products Department at VTB. NIA "Nizhny Novgorod" has channels on Telegram and MAX. Subscribe to stay updated on major events, exclusive materials, and timely information. Copyright © 1999—2025 NIA "Nizhny Novgorod." When republishing, a hyperlink to NIA "Nizhny Novgorod" is required. This resource may contain materials 18+